Quantum Portfolio Management LLC trimmed its holdings in shares of Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX – Free Report) by 37.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 22,934 shares of the company’s stock after selling 13,777 shares during the period. Quantum Portfolio Management LLC’s holdings in Global X MLP & Energy Infrastructure ETF were worth $1,696,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of MLPX. Goldman Sachs Group Inc. acquired a new position in Global X MLP & Energy Infrastructure ETF during the first quarter valued at approximately $217,000. Russell Investments Group Ltd. raised its stake in shares of Global X MLP & Energy Infrastructure ETF by 24,040.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,207 shares of the company’s stock worth $76,000 after purchasing an additional 1,202 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Global X MLP & Energy Infrastructure ETF in the 2nd quarter valued at approximately $400,000. Qube Research & Technologies Ltd boosted its holdings in shares of Global X MLP & Energy Infrastructure ETF by 111.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 100,330 shares of the company’s stock valued at $6,287,000 after buying an additional 52,869 shares during the last quarter. Finally, HUB Investment Partners LLC grew its stake in shares of Global X MLP & Energy Infrastructure ETF by 6.9% in the second quarter. HUB Investment Partners LLC now owns 6,475 shares of the company’s stock valued at $406,000 after buying an additional 420 shares in the last quarter.
Global X MLP & Energy Infrastructure ETF Trading Up 0.7%
Shares of MLPX opened at $75.66 on Thursday. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 19.10 and a beta of 0.57. Global X MLP & Energy Infrastructure ETF has a 1-year low of $57.66 and a 1-year high of $78.36. The company’s fifty day simple moving average is $74.12 and its 200 day simple moving average is $70.15.
About Global X MLP & Energy Infrastructure ETF
The Global X MLP & Energy Infrastructure ETF (MLPX) is an exchange-traded fund that mostly invests in energy equity. The fund tracks an index of MLPs and companies engaged in energy infrastructure. The ETF is structured as an open-ended fund. MLPX was launched on Aug 7, 2013 and is managed by Global X.
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